Business news

Business

Grand Theft Auto VI presales to begin next week

Pre-sales of Grand Theft Auto VI, the feverishly anticipated video game release, will begin June 25, Rockstar Games said Thursday.

Business

Apple CEO says AI boom makes price increases 'unavoidable'

Outgoing Apple CEO Tim Cook warned that demand for memory chips from the artificial intelligence boom will force the tech giant to increase the prices of its products, according to an interview with The Wall Street Journal ...

Business

Sovereignty fears dog AI enthusiasm at France's Vivatech

Europe's biggest tech trade fair VivaTech opened its doors Wednesday in Paris, putting American billionaire Jeff Bezos front and center on its guest list as enthusiasm for generative AI rubs shoulders with anxiety about the ...

Business

Gulf Coast coal holds billions in critical minerals, but the economics are tricky

Researchers from The University of Texas at Austin have found that there is a significant amount of rare earth elements trapped in the coal and coal ash supply of the Gulf Coast—with a total value of more than $187 billion.

Business

EU rejects Apple blame for delayed Siri AI rollout

The EU on Tuesday rejected Apple's blame for the delayed rollout of its AI-enhanced voice assistant, saying it was up to the U.S. giant to make products that follow the rules.

Business

How do jet fuel changes actually affect airfares?

As concerns grow over global fuel supplies and the cost of flying, new research from the University of Adelaide shows the relationship between jet fuel prices and airfares is not as simple as passengers might think. The study ...

Consumer & Gadgets

Apple tries again on AI, turns to Google for help

Apple unveiled an artificial intelligence overhaul for the iPhone on Monday, turning to Google for help two years after the company stumbled in its first attempt.

Business

Using causal AI to amplify sustainability in the textile industry

With the textile industry facing mounting scrutiny over the environmental impacts of fast fashion, two researchers from Constructor University have published a framework to help responsible brands engage audiences more effectively ...

Business

Actor McConaughey seeks to patent image to protect from AI

Actor Matthew McConaughey has filed recordings of his image and voice with US patent authorities to protect them from unauthorized usage by artificial intelligence platforms, a representative said Wednesday.

Business

Amazon expands 'sovereign cloud' in Europe

Amazon's cloud computing division said Thursday that it would expand its "sovereign cloud" across the European Union, hoping to cash in as EU governments seek to safeguard their citizens' data.

Business

Swiss regulator opens inquiry into Microsoft license fees

The Swiss Competition Commission said Thursday that it had opened a preliminary inquiry into Microsoft's licensing fees, after complaints by rivals over what it called "significant" price hikes for the Microsoft 365 software ...

Consumer & Gadgets

Apple bundles creative apps into $13-a-month subscription

On Jan. 13, Apple Inc. announced a new subscription bundle of creative apps called Creator Studio, an attempt to give its photo- and video-editing software fresh momentum in the face of intensifying competition.

Consumer & Gadgets

How bits of Apple history can be yours

In March 1976, Apple cofounders Steve Jobs and Steve Wozniak both signed a $500 check weeks before the official creation of a California company that would transform personal computing and become a global powerhouse.

Business

Understanding ammonia energy's tradeoffs around the world

Many people are optimistic about ammonia's potential as an energy source and carrier of hydrogen, and though large-scale adoption would require major changes to the way it is currently manufactured, ammonia does have a number ...

Business

Musk vs OpenAI trial set for April 27

A trial in the lawsuit brought by Elon Musk against OpenAI CEO Samuel Altman and other defendants—including tech giant Microsoft—is scheduled to begin April 27, according to a federal court order issued Tuesday.

Business

Meta begins job cuts as it shifts from Metaverse to AI devices

Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company's Reality Labs division, part of a plan to redirect resources from virtual reality and metaverse products toward AI wearables and phone features.

Business

Why 5G alone may not be enough for tomorrow's factories

As manufacturers race toward smarter, faster and more automated production, the networks holding those systems together are coming under growing strain. Robots, sensors and autonomous machines all demand split-second responses ...